Dennis Gartman: Bitcoin "The Harbor of Thieves and Drug Dealers"
Speaking on CNBC's 'Squawk Box', investor and publisher of The Gartman Letter Mr. Dennis Gartman isn't quite feeling so bullish on bitcoin. Speaking about his preferred investments, Gartman wasn't shy about denouncing bitcoin, saying he's avoiding investing in the digital currency totally. "I want to own the things that if I drop them on my foot will hurt," he said, speaking about his investments in things like aluminum and coal. "So, very simple things that go into long-term economic-". "Like bitcoin?" the program's host asked. "Not like bitcoin. I will avoid bitcoin like the plague," he....
Related News
Market influencers are found all over the world, and Dennis Gartman does not shy away from making his voice be heard. In one of his latest statements, he tried to understand what was going on in the Bitcoin world, yet failed miserably. Financial experts always seem at odds with one another, as everyone has their opinion on how markets are evolving.....
Dennis Gartman is still not convinced that Bitcoin won't go to zero. Bitcoin (BTC) has won over a number of mainstream financial gurus in 2020 against the backdrop of a difficult year for the United States economy. Some markets experts, such as Dennis Gartman, however, still remain skeptical of the digital asset. Gold and Bitcoin are not really equivalent, according to Gartman’s Tuesday interview with Bloomberg. “Gold has been around for thousands of years, Bitcoin has been around for 20 years,” he said. Gartman put out a financial commentary series for 30 years, called The Gartman....
Bitcoin ATMs are highly concentrated in minority areas within New York City. Some suggest they are targeting minorities involved in the drugs trade. Others argue that minorities sending remittances are the target instead. Drug dealers targeted. Twitter user, Dan Anderson (@droplister), created the census data map to highlight the high concentration of BTMs in minority areas. Cynicists would suggest these target minorities involved in the drugs trade, but statistics don’t support their viewpoint. As a matter of fact, white Americans surpasse African-Americans in drug usage by a very wide....
There’s a new avenue darknet market (DNM) customers have found that allows them to purchase illegal wares 24 hours a day via a robot drug dealer hosted on Telegram. The platform dubbed ‘Televend,’ is an automated software program that peddles illicit narcotics for people paying with bitcoin and during the last few months, the complex system has grown massively. While many darknet markets have fallen to the wayside, a slew of new types of methods when it comes to selling illegal drugs online has risen. For instance, the world’s largest DNM in Russia, Hydra,....
Drug dealers find solace in Monero, Shopawl accepts bitcoin, and the era of traditional banking may finally come to an end. Check out the stories below to catch up on your latest tech and digital currency news. MONERO MAKES DRUG TRADING MORE PRIVATE. At just two years old, Monero is one of the world’s newest altcoins. Despite its lack of experience in the digital arena, however, the price of the coin quadrupled early last month, and the coin is earning newfound popularity among drug dealers thanks to its promise of more privacy. AlphaBay, one of the dark net’s leading drug sites, has....